Tire industry R&D spending remains stable

Written by European Rubber Journal

Article published in ERJ’s January-February issue

R&D spending in the tire industry remains stable in contrast with the dynamic changes in technology that lie ahead

Despite the huge potential gains from successful product and process innovation, major tire companies seem to stick to fairly set formulae when it comes to allocating funds for research & development, ERJ’s analysis of the largest global players indicates.

There were some significant changes in R&D spending between 2015 and 2014, most notably at…

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